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Enel to sell stake in two Argentinian thermal power plants

  • 1 year, 9 months ago (2023-02-21)
  • David Flin
Coal 296 Gas 393 Latin America 80

Enel has agreed to sell its stake in two thermal power generation plants in Argentina to Central Puerto for $102 million. Enel will sell its 75.7 per cent stake in Enel GeneraciĆ³n Costanera and its 41.2 per cent ownership of Central Dock Sud.

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The Costanera plant, located in Buenos Aires, has a total capacity of over 2.3 GW, the largest in Argentina. Dock Sud operates a 870 MW gas-fired power plant in the Avellaneda district of Buenos Aires.

The two deals are scheduled to close in Q1 2023.